Why Democrats’ Response to GM Matters
After General Motors announced Monday that it would lay off nearly 15,000 workers and cease production at five North American plants, Representative Tim Ryan of Ohio, whose district is home to one such plant, called on Congress to investigate the automaker.
“The American people deserve to know if the tax cuts they paid for are being used to inflate corporate profits at the expense of their economic security and the survival of American workers,” Ryan wrote in a letter to the leaders of the House Ways and Means Committee.
It’s not likely that the committee will actually investigate the company until at least January, when Democrats take control of the chamber. Even so, how the party responds to the closures could be significant: To capture the presidency, Democrats need to
